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Automotive

GM Reinforces Its V8 Engine Strategy with $505 Million Canada Investment

GM Reinforces Its V8 Engine Strategy with $505 Million Canada Investment

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General Motors is sending a loud and unmistakable message to the market: the V8 is still a very big part of its future. With a new CAD $691 million investment,  Full Article »

Automotive

Ford and GM Could Be Drawn Into U.S. Military Production in a Major Industrial Shift

Ford and GM Could Be Drawn Into U.S. Military Production in a Major Industrial Shift

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Ford and General Motors may soon be part of a conversation that reaches far beyond pickups, SUVs, and EV strategy. According to a Wall Street Journal report, senior U.S. defense  Full Article »

Automotive

Toyota Doubles Down on America With $1 Billion Investment in Kentucky and Indiana Plants

Toyota Doubles Down on America With $1 Billion Investment in Kentucky and Indiana Plants

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Toyota is putting another major stake in the ground for U.S. manufacturing, announcing a combined $1 billion investment in its Kentucky and Indiana operations. Of that total, $800 million is  Full Article »

Automotive

Automotive

BMW Bringing Humanoid Robots to a German Factory Marks a Big Shift for the Future of Car Building

BMW Bringing Humanoid Robots to a German Factory Marks a Big Shift for the Future of Car Building

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BMW Group is taking the next step into what it calls “Physical AI,” and this time it’s happening on home turf. The company says it will deploy humanoid robots in  Full Article »

Automotive

Toyota Reportedly Consolidating U.S. Lexus Production as Tariffs Bite

Toyota Reportedly Consolidating U.S. Lexus Production as Tariffs Bite

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Toyota is preparing a major shuffle of its Lexus manufacturing footprint in the United States. According to a report out of Japan, the automaker plans to move from two production  Full Article »

Automotive

Hyundai’s $26 Billion U.S. Push Signals Steel, Robots, and Real Jobs

Hyundai’s $26 Billion U.S. Push Signals Steel, Robots, and Real Jobs

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Hyundai Motor Group is turning up the volume on its American strategy with a fresh commitment to invest 26 billion dollars in the United States from 2025 through 2028. The  Full Article »

Automotive

Biden Administration To Allot Over $1 Billion to GM, Stellantis, & Others for EV Production
Jul 11, 2024 Ξ Comments Off on Biden Administration To Allot Over $1 Billion to GM, Stellantis, & Others for EV Production

Biden Administration To Allot Over $1 Billion to GM, Stellantis, & Others for EV Production

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The Biden administration is set to inject over $1 billion into General Motors (GM) and Stellantis to bolster electric vehicle (EV) production. This initiative, part of a broader $1.7 billion  Full Article »

Automotive

GM Moving Headquarters To New Detroit Location in 2025
Apr 16, 2024 Ξ Comments Off on GM Moving Headquarters To New Detroit Location in 2025

GM Moving Headquarters To New Detroit Location in 2025

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General Motors (GM) is set to relocate its headquarters to a new location within downtown Detroit in 2025. After more than two decades at the Renaissance Center along the riverfront,  Full Article »

Automotive

Ford Delays Some Electric Truck and SUV Production Amid EV Demand Slowdown
Apr 4, 2024 Ξ Comments Off on Ford Delays Some Electric Truck and SUV Production Amid EV Demand Slowdown

Ford Delays Some Electric Truck and SUV Production Amid EV Demand Slowdown

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Ford Motor Company announced delays in the production of electric trucks and SUVs in North America due to a global slowdown in electric vehicle (EV) demand. The automaker revealed that  Full Article »

Automotive

Scout Motors Breaks Ground for South Carolina Production Facility
Feb 16, 2024 Ξ Comments Off on Scout Motors Breaks Ground for South Carolina Production Facility

Scout Motors Breaks Ground for South Carolina Production Facility

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Scout Motors has officially broke ground of its new production center in Blythewood, South Carolina. This facility marks the birthplace of the pioneering all-electric Scout SUVs and Pickups, setting a  Full Article »

Automotive

General Motors Quietly Acquires Tesla Gigacasting Supplier
Nov 15, 2023 Ξ Comments Off on General Motors Quietly Acquires Tesla Gigacasting Supplier

General Motors Quietly Acquires Tesla Gigacasting Supplier

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In a strategic move aimed at catching up with electric vehicle (EV) pioneer Tesla, General Motors (GM) has quietly acquired Tooling & Equipment International (TEI), a company specializing in sand  Full Article »

Automotive

Hyundai to Raise US Hourly Wages by 14% Next Year, 25% by 2028 After UAW Deal
Nov 14, 2023 Ξ Comments Off on Hyundai to Raise US Hourly Wages by 14% Next Year, 25% by 2028 After UAW Deal

Hyundai to Raise US Hourly Wages by 14% Next Year, 25% by 2028 After UAW Deal

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Hyundai Motor has announced plans to increase wages for nonunion production workers at its Alabama factory by 25% by 2028, following recent agreements reached by the United Auto Workers (UAW)  Full Article »

Automotive

GM & Stellantis Among Investors in $33M Company Producing Magnets without use of Rare Earth Metals
Nov 9, 2023 Ξ Comments Off on GM & Stellantis Among Investors in $33M Company Producing Magnets without use of Rare Earth Metals

GM & Stellantis Among Investors in $33M Company Producing Magnets without use of Rare Earth Metals

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General Motors (GM) and Stellantis, two major automotive manufacturers, are part of a group of investors who have collectively injected $33 million into a Minnesota-based company called Niron Magnetics. Niron  Full Article »

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